Bank of America, foreclosure/BK help needed in TX - Loan …

By then we will be 4 months behind and definitely in foreclosure because things go fairly fast in Texas. Due to the medical debt , credit cards, car payment and house, we are left with a couple hundred dollars a month and nothing at the end. …. I’d say stop paying the mortgage , pay off other things or stash cash for your move or any expenses such as the BK filing. It will get more effort from BofA. Then depending on what you are doing with the BK (BTW, if you try for an …

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Bank of America, foreclosure/BK help needed in TX - Loan …

Obama picks credit card reform over housing - The Red Tape …

Bankruptcy mortgage reductions – known by the pejorative term “cram downs” by the banking industry — could help 1.7 million consumers avoid foreclosure , according to the Center for Responsible Lending. …… the difference between owing mortgage money and owing credit card money is… if you work and pay your mortgage … it will eventually get paid off. If you are working and pay your credit card… you still will be in DEBT ALL YOUR LIFE… credit card companies are …

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Obama picks credit card reform over housing - The Red Tape …